There are so many places dotting the Southeast Asian Pacific region full of vacation resorts one could only dream of visiting one day, and one of those resorts is owned by businessman and investor Chris Burch. Burch’s resort is Nihiwatu which is located on the Sumba Island of Indonesia, and this resort is full of breath-taking scenery and amenities that make guests’ stays ones that might make them want to make the island their permanent home. Chris Burch actually has a home on this island that he lives in at certain times of the year along with his homes in the Hamptons and south Florida. Business Insider actually listed this resort as the “best in the world” and showed photos of it. There is also the Sumba Foundation that Burch started to give humanitarian aid to Indonesia’s Sumbanese people. Check on businessinsider.com to read more about this A-list resort.
Long before he was traveling and investing in major vacation villas in Indonesia, Chris Burch was bringing ideas to life and running businesses as a young man from a middle class family. He and his brother Robert decided to run a fashion business in sweater wholesale, and with $10 they used for buying sweaters and turning around and selling them for $15. This business was named Eagle Eye Apparel in 1976, and they were able to run a highly profitable company that in time had its own factory and distribution centers. Burch ran this company for many years until he decided to sell it in 1998 for $60 million. Related article on bjtonline.com.
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Burch had started investing in other startups not long before he had sold Eagle Eye, and by the early 2000s he was already diversifying into other fashion and real estate companies. In 2004 he helped start the Tory Burch fashion line and that same year invested in a 5-star luxury hotel in Buenos Aires known as the Faena Hotel+Universe. In 2008, Burch started the company that is now known as Burch Creative Capital which has promoted so many different brands and become a sensation for new millennial entrepreneurs looking to get started. One of Burch’s most famous clients is talk show host Ellen Degeneres who saw her ED brand go public thanks to Burch’s company. for update on his recent timeline activities, check this.
In addition to the Sumba Foundation, he’s also a contributor to NY Langone and the Mt. Sinai Hospital as part of his healthcare philanthropy. To have an idea of the diversity of his investment, hit on burchcreativecapital.com.
For his latest cool offering to the market visit https://www.inc.com/magazine/201106/chris-burchs-latest-cool-company.html